Iberdrola to open PV module factory in Spain


From pv magazine Spain

Iberdrola said this week that it is now working with Exiom Solution to build a solar module factory in Langreo, Spain. The company has not revealed the planned capacity of the factory, but said it will be one of Europe's first “industrial-scale” facilities.

It will initially invest €20 million ($21.3 million). It said it expects to start commercial operations by the end of this year.

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“Exiom is a manufacturer with 100% Spanish capital, based in Asturias itself, and one of the only European companies to appear on the prestigious list of Tier 1 manufacturers,” Iberdrola said. “The opening of this new factory in Europe responds to the interest of both companies in achieving competitive manufacturing at the EU level, focused in a first phase on solar panels with the possibility of expanding the partnership to other components of the photovoltaic value chain.”

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Exiom currently produces solar modules at two factories in China with a combined capacity of 1 GW. Its main markets are Europe and Asia. It reported a turnover of around €200 million in 2022 and currently employs around 300 people.

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